hi, i wanted to call -- i wanted to talk about this guy that said obama said he wanted to fundamentally change our society. and therefore, they are going to become like europe. i already became like europe. >> stephanie: right. but you have better hot coco. >> caller: i hear this so much from americans when i listen to the media, and they don't have any idea how diverse europe is. our economy is doing just great. same with most of northern europe, germany, et cetera granted spain, disaster. italy, greece, yes. >> portugal. >> stephanie: yeah -- >> caller: but the thing they should keep in mind is that part of the reason that those countries have not been able to recover from the global crash, that we might call the bush crash, fundamental reason they haven't been able to recover is a, europe doesn't have a central strong bank. meaning countries can't devalue their own currency. so the spanish euro is basically pegged to a strong german euro. so that causes a big problem, and then the second part of it is that they immediately and consistently ever since have gone for austerity, and aust